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Satin Creditcare Network turns black in Q1FY19

14 Aug 2018 Evaluate

Satin Creditcare Network has reported results for first quarter ended June 30, 2018.

The company has reported net profit of Rs 25.06 crore for the quarter under review as against net loss of Rs 82.23 crore for the same quarter in the previous year. Total income of the company increased by 30.90% at Rs 317.70 crore for Q1FY19 as compared Rs 242.71 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit of Rs 27.20 crore for the quarter under review as against net loss of Rs 83.59 crore for the same quarter in the previous year. Total income of the company increased by 32.31% at Rs 335.95 crore for Q1FY19 as compared Rs 253.91 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Power Finance Corpn. 346.00
REC 311.40
NHIT 171.00
Satin Creditcare Net 219.70
IFCI 76.57
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